The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) reflect declining lending activity.
The Real Estate Institute of Australia (REIA) says the figures for June 2015 show, in trend terms, that the number of owner-occupied finance commitments fell by 0.6 per cent. This fall is the third consecutive monthly fall and follows eleven months of increases. If refinancing is excluded, in trend terms for June, the number of owner-occupied finance commitments fell by 1.0 per cent. CLICK HERE
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